Avestus Capital Partners, acting on behalf of its Irish Residential PRS Fund, has acquired the property known as Wolfe Tone Lofts, a modernized PRS scheme in a prime urban Dublin city centre location.
Wolfe Tone Lofts provides 46 PRS units comprising 1, 2 & 3 bedroomed units together with a ground floor commercial unit and associated under-ground parking facilities. The property lies in the centre of Dublin near the River Liffey with prime access to public transport and direct walking access to major Dublin city centre leisure and employment locations. Wolfe Tone Lofts will be operated under the HAVITAT brand, our best-in-class manager and owner of residential properties for long-term rental to tenants.
Wolfe Tone Lofts is a high-quality asset located in a prime central location. This purchase aligns well with the fund investment objectives to target income producing PRS assets located in established locations with strong demographic trends.